Russia's decision to lower borrowing costs just as Vladimir Putin addressed the nation underscores how tightly monetary policy and politics are now intertwined in Moscow. The central bank's move to ...
The Central Bank of Russia (CBR) cut rates by 50bp on October 24 to 16.5% in an effort to boost flagging growth despite fears of a revival of inflationary pressure due to an upcoming two percentage ...
MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its interest rate by 50 basis points ...
Russia lowered its benchmark interest rate by half a percentage point for the second consecutive time, a move that will offer little relief to businesses but underscores concerns that an upcoming tax ...
MOSCOW, Dec 3 (Reuters) - The Russian central bank is seen cutting its key interest rate by 50 basis points at a meeting on December 19 as inflation is slowing faster than expected, a Reuters poll of ...